200 Global experts of Renewable Energy attend conference in Islamabad Pakistani Solar companies can benefit immensely from foreign collaborations – CEO, Reon Energy.

The Alternative Energy Development Board (AEDB) of Pakistan, recently held a 2-day international conference in Islamabad, in collaboration with the Middle East Solar Industry Associations (MESIA)- a Trade Mission comprising of 200 senior officials from leading solar companies. The aim of this “Renewable Energy Trade Mission” is to create an enabling environment for investments in the solar energy sector of Pakistan.

International Finance Corporation (IFC) was a key strategic partner of this assembly. The conference was held on October 13th and 14th, 2015, attracting enthusiastic participation from all leading Pakistani enterprises and investors operating in the renewable-energy industry.

The Chief Executive Officer of Reon Energy Ltd. (the renewable energy division of Dawood Hercules Group) - Mr. InamurRahman stated during his address to the conference that the forum has created many great opportunities for us to engage, learn and partner with world renowned experts and global technology leaders in renewable energy. Reon looks forward to partnerships and ventures in the renewable energy sector. 

InamurRahman urged the government to enhance the skill levels at NEPRA and increase participation of major stakeholders for effective formulation of policies and programmes conducive for the solar energy sector.  The feed-in tariff should be equally beneficial for the investors, the government, and the consumers. He also said that this insightful forum would help in realigning the regulatory framework, to suit the changing needs of this industry, create a favorable business & financing environment while optimizing the power-purchase deals.

Other leading individuals present at the event were; CEO of AEDB - Amjad Ali, Member NEPRA - KhawajaNaeem, Secretary Energy for Punjab - Dr. Asad Rehman Gilani and Secretary Energy for Sindh - Mr. Agha Wasif Abbas, along with many other stakeholders and distinguished guests. In April, 2015, MESIA had organized a similar Trade Mission for Renewable Energy in Cairo which raised investments worth USD 500 million (220 MW solar and 100 MW wind) for renewable energy projects.